In a world increasingly vulnerable to cyber threats, the recent PowerSchool breach has underscored the urgent need for organizations to bolster their cybersecurity measures. Given that this incident affected millions of users, it underscored the increasing dangers tied to a data breach. Companies are preparing to spend an average of $4.44 million internationally as a result of security breaches by 2025. To address this urgent concern, a timely conversation will be taking place during an upcoming BronxCAN webinar on September, 2025.
This webinar will help your organization foster these approaches and bridge development, security, and operations teams with a common playbook. Ransomware attacks are decimating supply chains. At the same time, a staggering 97% of enterprises are overwhelmed by new security challenges posed by Generative AI (GenAI). This isn’t the time for reactivity, instead for taking steps to prevent tragedies.
The Financial Impact of Cyber Breaches
As these recent incidents demonstrate, the financial impact of cyber-related incidents is mind-boggling. Orgs around the globe are saving hundreds of millions of dollars collectively from avoiding breaches. The PowerSchool incident is a grim illustration of this truth, one that has real-world consequences for educational institutions, their administrators, educators, and stakeholders.
As of 2025, data breach statistics show that the average data breach has a price tag of around $4.44 million for businesses. This figure represents only the direct financial losses, but it doesn’t end here. Perhaps most importantly, it underscores the long-term effects in terms of brand reputation and customer trust. As hackers double down on exploiting every vulnerability, organizations need to be more strategic in how they manage risk.
Ransomware attacks – and a growing number of them that target supply chains – have advanced in complexity. In light of these developments, businesses are compelled to rethink their security frameworks and implement effective measures to mitigate potential risks.
Addressing Vulnerability Management
One of the biggest challenges cited by organizations—32%—is slow or inefficient vulnerability remediation as a major thorn in their cybersecurity plans. This lack of efficiency may result in an increased duration of exposure to threats, thereby increasing overall costs associated with data breaches.
In preparation for our upcoming webinar, you’ll get hands-on experience on how to visually articulate your security risks and effectively prioritize your most critical applications. Yet by making vulnerability management processes easier and more efficient, teams can proactively cover a wider ground and decrease their attack surface area. One enterprise has documented an extraordinary 30% reduction in vulnerabilities by sharing responsibility among development, operations, and security teams.
Furthermore, automation is key to creating the timely response that saves lives. Teams that adopt automated remediation strategies greatly decrease the amount of time needed for fixes, cutting days off the process involved in more traditional approaches. These types of quick wins will be highlighted throughout the webinar, equipping organizations with the knowledge to act quickly and address vulnerabilities right away.
Focusing on AI Security
With 30% of organizations expressing concern over securing AI tools like GenAI, the integration of artificial intelligence into business operations presents both opportunities and challenges. Whether you love it or hate it, as GenAI surges in popularity, we need to address its security implications.
Orgs need to field a solid strategy for addressing AI-related security challenges and make sure that their tools are secure by design. A short checklist we’ll run through during the webinar will help you gauge the state of your systems and what you need to change. This forward-looking approach is critical in addressing the complexities inherent in AI technologies.
